Finance

Johnson & Johnson is making headlines with its bold move to expand the use of Spravato, its innovative ketamine-based treatment for depression. With promising results from recent trials, the potential for this medication to help those struggling with treatment-resistant depression could mark a significant shift in mental health care. Will this be the breakthrough patients…

In an unexpected turn of events, just after President Biden decided against running for re-election, Democratic fundraising took a dramatic leap. With a staggering $100 million raised, ActBlue’s recent figures illustrate the party’s robust financial backing as they gear up for the 2024 elections. Discover the implications of this remarkable fundraising surge and what it…

McDonald’s is shaking things up with a new $5 meal deal aimed at cost-conscious consumers amid rising inflation. But will this strategy really boost profits, or is it just a clever promotion to draw diners in? Discover the hidden dynamics behind this tempting offer and what it means for franchise owners.

Spotify has achieved an impressive turnaround with record profits and a surge in active users. CEO Daniel Ek shares the excitement about the company’s innovative trajectory. Discover how price hikes and strategic moves have propelled Spotify’s success against a backdrop of challenges. Dive into the details and learn what this means for the future of…

Delta Air Lines is under scrutiny as the Department of Transportation investigates the airline’s handling of a recent tech outage that led to massive flight cancellations. With complaints pouring in and operational challenges mounting, will Delta manage to restore passenger confidence? Discover the unfolding story behind the disruptions and the airline’s response to the crisis.

General Motors is raising the stakes for 2024, with new financial projections that have surprised analysts. As the automaker reveals impressive gains and strategic shifts, including a pivot in their electric vehicle strategy, the future looks intriguing. Discover how these developments are set to impact GM’s trajectory and what they mean for investors and consumers…

Wiz’s rejection of Google’s $23 billion acquisition offer has set off a ripple effect in the tech world, particularly for Microsoft. As the cybersecurity landscape shifts, the stakes are high for industry giants navigating antitrust scrutiny and operational challenges. What does the future hold for both companies, and how will this decision shape their paths?…

A new report reveals alarming practices by pharmacy-benefit managers (PBMs), suggesting they encourage patients to choose costlier medications while limiting access to affordable options. As a major hearing looms, discover the intricate web of price negotiations and patient guidance that could be impacting your healthcare choices. What does this mean for your wallet? Click to…

As banks navigate a turbulent economic landscape marked by soaring interest rates and persistent inflation, they are taking significant precautions against potential credit losses. With provisions for bad debts on the rise, concerns about the health of consumers—especially those with lower incomes—are deepening. What could this mean for the future of lending and consumer spending?…

As the real estate market grows increasingly challenging, indecisive buyers are causing a surge in canceled home-purchase agreements. With affordability at an all-time low, many are seeking the perfect home but facing harsh realities. Dive into the latest trends that are reshaping home buying decisions and the implications for both buyers and realtors.

Hamet Watt is turning the page on the MoviePass saga as he ventures into a new realm with Share Ventures. With nearly $20 million raised, he’s set to support startups focused on the future of work and longevity. Discover how Watt’s ambitious plans leverage cutting-edge technology and his personal journey of resilience. What innovative strategies…

The political landscape is shifting dramatically as the Democratic Party experiences an unexpected fundraising surge following President Biden’s announcement not to run for re-election. With an astounding $100 million raised in just two days, the momentum is palpable. Discover the implications of these donations and what it could mean for the upcoming election cycle. Click…

As major banks navigate the fallout of rising interest rates and persistent inflation, an unsettling trend has emerged: increased provisions for credit losses. With consumer debt hitting staggering heights and delinquency rates climbing, financial institutions are preparing for potential turbulence. What does this mean for the average consumer? Dive into the nuances of the banking…

As the real estate market grapples with rising costs and heightened selectivity among buyers, a startling trend emerges: unprecedented cancellation rates of home purchase agreements. With more individuals backing out over seemingly minor issues, the question looms—what’s driving this shift in buyer behavior? Discover the underlying factors and their implications for the market in our…

Delta Air Lines is under investigation for its response to a major tech outage that led to thousands of flight cancellations. Transportation Secretary Pete Buttigieg emphasizes that airline passengers deserve fair treatment. With widespread disruptions felt across multiple industries, Delta’s challenges are particularly concerning. What does this mean for future travel? Find out more.

General Motors has revised its financial outlook for 2024 after a strong Q2 performance, forecasting higher earnings while adjusting some figures downward. CEO Mary Barra emphasized the company’s focus on electric vehicle production amidst market challenges and the evolution of its self-driving technology. With plans for new vehicle models and a positive effect on stock…

In a surprising turn of events, Wiz has opted out of a $23 billion acquisition deal with Google, a decision that could shake the foundations of the tech industry. As Wiz sets its sights on reaching $1 billion in revenue and preparing for an IPO, the implications for Google, Microsoft, and the cybersecurity landscape are…

Apple is taking a hard look at its hefty spending on original content for Apple TV+, after shelling out a staggering $20 billion. With a miniseries that flopped and lackluster viewership, the tech giant may be shifting gears in a bid to reshape its streaming strategy. What does this mean for the future of Apple…

In a shifting real estate landscape, buyers are becoming increasingly choosy, leading to a surge in canceled home purchase agreements. With affordability concerns at the forefront, could this trend signal deeper challenges for the market? Discover how rising prices and escalating costs are influencing buyer behavior and impacting home sales across the nation. Don’t miss…

Hamet Watt, co-founder of the infamous MoviePass, is back in the game with a new venture studio, Share Ventures. With nearly $20 million raised and backing from industry giants like Alphabet and Amazon, Watt is poised to focus on startups in the realms of future work and longevity. Discover how his experiences shaped this new…

In a remarkable surge of support, Democrats raised $100 million in just two days following President Biden’s announcement not to seek re-election. This unprecedented fundraising success for Vice President Kamala Harris’s campaign has set the stage for an exhilarating election cycle. What does this mean for the upcoming race? Dive in to discover the implications…